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I may be mistaken, but don’t we live in a free market society? In that type of society, companies that are managed effectively get rewarded with more business and increased profits. Adversely, companies that are run poorly will ultimately fail unless they change their management scheme to improve their business. I like to think of it as the social Darwinism of economics. But with this latest government bailout, we seem to be rewarding those businesses who have not been managed effectively. ...
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